Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt ...

Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million in ...

The FTX collapse during 2022 disrupted the entire cryptocurrency sector because it showed how dangerous financial systems ...

FTX also filed an amended notice with the Bankruptcy Court to reduce the disputed claims reserve by $2.2 billion, from $4.6 billion to $2.4 billion, which, subject to approval by the Court, would ...

FTX will begin distributing funds to creditors on September 30, after getting court approval to release $1.9 billion in previously held reserves. This update came from FTX Trading Ltd. and the FTX ...

FTX Digital Markets, the Bahamian arm of the collapsed crypto exchange, is set to begin repaying creditors. FTX creditor and activist Sunil Kavuri posted on X that the first round of distributions ...

Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...

As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives. By David Yaffe-Bellany David Yaffe-Bellany ...